There are a few different types of farms you could be operating, depending on the size of your farm and that supporting infrastructure. Use this guide to determine which is right for you.
1Premium Flower
2Biomass
3Seedling & Clones
4Seed
5Breeding & Genetics
Premium Flower
Growing premium flower can potentially be the most profitable hemp farming there is. High demand for smokable flower has driven prices up and suppliers are scrambling to keep up. This type of crop can also carry the most risk, as customers for premium flower are the most picky, however, if a crop fails to meet a customer’s standards, it can always go towards biomass inventory, to go towards extraction, another profitable way to run a farm.
Biomass
Hemp Biomass is grown to extract the cannabinoids inside of it. There are many different types of extracts, all with different price points, purities, and uses. CBD isolate is the most pure, and is used in many different health and beauty products across the US. Partnerships with extraction companies are important if you choose to go this route, as the majority of US hemp farmers have this year.
Seedling & Clones
Seedlings and clones farms are a way to ensure your farming partners and customers have viable plants to put in their fields. Some farmers choose to go a step further, and test all their mother plants or seed stock lots to ensure they are female before sale, to maximize their revenue from the very profitable crop. Clones are cuttings from a mother plant, taken so as to ensure the health of the donor.
Seed
One hemp plant, pollinated, can produce upwards of 2,000 seeds. However, these seed-producing plants should be isolated from the rest of your crop to ensure that cross-pollination does not occur, this can ruin entire acres of hemp crop. Each seed, however, depending on the strain and your ability to prove it’s female, can garner a price-tag upwards of $3!
Breeding & Genetics
New plant genetics, strains, and breeding programs represent the future of the hemp industry. Each new area of the globe that hemp is grown in will need breeders and new genetics to keep the crops healthy in the new environments. On top o f that, new strains targeting different cannabinoids can help medical research in ways we can’t even imagine yet!
If you have the space and the structure, choosing ALL of these types would be worth your time and resources.
